13/05/2026 04:53 AST
Dubai Investments reported profit before tax of AED185.06 million for the three-month period ended March 31, 2026, compared to AED184.89 million ($50.34 million) during the same period last year.
Profit after tax stood at AED168.97 million, up from AED167.18 million in the corresponding period last year.
Dubai Investments delivered a stable performance in the first quarter of 2026, reflecting the resilience of its diversified portfolio and the strength of its core operating segments. The group's performance was supported by consistent recurring income from its ground-rent infrastructure platform and other income-generating assets, alongside the steady contribution of its core business verticals. The property segment which includes the ground-rent infrastructure platform remained a key driver, underpinned by stable occupancy levels and recurring income streams, while the group's manufacturing and contracting businesses continued to perform steadily.
As of March 31, 2026, total assets grew to AED23.43 billion, compared to AED23.28 billion as at 31 December 2025, while total equity increased to AED15.39 billion, compared to AED15.22 billion as at 31 December 2025, reflecting the continued strength of the group's asset base and its focus on long-term value creation.
Khalid Bin Kalban, Vice Chairman and CEO of Dubai Investments, commented: "The group's performance in the first quarter reflects the underlying strength and balance of its business model, which continues to support consistent outcomes despite varying market conditions. Dubai Investments has maintained a disciplined approach to asset allocation, with a strong focus on income visibility and operational continuity across its core sectors. This approach enables the Group to absorb market fluctuations while sustaining performance, supported by a well-established base of recurring revenues and a diversified mix of assets that continues to deliver across cycles.''
Outlook
Building on its performance in the first quarter, Dubai Investments remains focused on advancing growth across its core sectors, supported by disciplined execution and a diversified portfolio of businesses. In the real estate sector, the group continues to progress its developments in line with planned execution schedules.
Construction is advancing across key projects, including Danah Bay on Al Marjan Island in Ras Al Khaimah, Violet Tower in Jumeirah Village Circle and Asayel Avenue at Mirdif Hills, with handover activities underway across completed components and further deliveries expected in line with planned timelines.
Beyond real estate, Dubai Investments continues to strengthen its portfolio across income-generating assets, including healthcare, education and financial investments, aligned with its focus on resilient, demand-driven sectors. Its manufacturing platform also remains an integral contributor, supporting construction and infrastructure activity across key markets. Supported by the resilience of the UAE economy and its strong financial position, Dubai Investments remains well-positioned to navigate evolving market conditions while maintaining its focus on sustainable growth and long-term value creation.
Trade Arabia
Please wait...
